Barclays PLC Has $677,000 Position in Digimarc Co. (NASDAQ:DMRC)

Barclays PLC increased its holdings in shares of Digimarc Co. (NASDAQ:DMRC - Free Report) by 240.9% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 25,172 shares of the information technology services provider's stock after buying an additional 17,788 shares during the quarter. Barclays PLC owned 0.12% of Digimarc worth $677,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the business. Rhumbline Advisers lifted its holdings in shares of Digimarc by 3.3% in the second quarter. Rhumbline Advisers now owns 21,683 shares of the information technology services provider's stock worth $672,000 after acquiring an additional 693 shares during the last quarter. Cubist Systematic Strategies LLC bought a new position in Digimarc in the 2nd quarter valued at approximately $439,000. Squarepoint Ops LLC acquired a new stake in Digimarc in the second quarter valued at approximately $747,000. Deerfield Management Company L.P. Series C acquired a new stake in Digimarc in the second quarter valued at approximately $551,000. Finally, Kimelman & Baird LLC bought a new stake in shares of Digimarc during the second quarter worth $18,249,000. 66.85% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, Needham & Company LLC reissued a "buy" rating and set a $40.00 price objective on shares of Digimarc in a report on Friday, November 15th.

Digimarc Stock Performance

Shares of Digimarc stock traded down $1.38 on Friday, hitting $41.28. The stock had a trading volume of 175,691 shares, compared to its average volume of 227,054. Digimarc Co. has a twelve month low of $21.00 and a twelve month high of $48.32. The firm has a market capitalization of $884.22 million, a P/E ratio of -21.17 and a beta of 1.67. The stock has a 50 day moving average of $36.58 and a 200 day moving average of $32.12.

Digimarc Company Profile

Digimarc Corporation, together with its subsidiaries, provides automatic identification solutions to commercial and government customers in the United States and internationally. The company offers Digimarc Validate protects, a cloud-based record of product authentication information; Digimarc Engage, an interactive communications channel connecting brands and consumers; and Digimarc Recycle.